Form 4: Ultra Clean Holdings CFO Sheri Savage Reports Stock Transactions
SEC Form 4 Filing
Sheri Savage, CFO of Ultra Clean Holdings, reports acquisition and disposal of common stock due to performance stock unit settlement and tax liability coverage.
Summary
- On March 31, 2024, Sheri Savage, CFO of Ultra Clean Holdings, reported transactions involving the company's common stock.
- She acquired 2,618 shares of common stock through the settlement of performance stock units at a price of $0.
- She disposed of 1,354 shares at $45.94 and 1,062 shares at $45.94 to cover tax liabilities arising from the vesting of restricted stock unit awards.
- Following these transactions, Savage directly owns 81,202 shares of Ultra Clean Holdings common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of stock transactions (acquisition and disposal). |
| 04/02/2024 | Date of signature on the Form 4 filing. |
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